Banking
DIAMOND: AFRICAN BANKS BEST FRIEND?
“Bob Diamond exists to make money for Bob Diamond, whatever he says. This isn’t to help develop Africa, it’s to make money for Bob Diamond and his partners.”
Banking
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Banking
SAUDI INVESTMENT BANK NAMES FEMALE CEO
NCB Capital, a major Saudi Arabian investment bank, named Sarah Al-Suhaimi, an accomplished asset manager, as its new CEO. She is the first woman to head an investment bank in the kingdom. The Saudi government owns part of National Commercial Bank, which controls NCB Capital.
Banking
US VS THE WORLD: ROUND ONE
The fight has just begun, as newly enacted Fed rules start to cramp long-accepted operating styles of global banks. The banks are weighing what to do about it—as are global policymakers.
Banking
BEST BANKS 2014: ASIA-PACIFIC
Developing Asia will grow by 6.2% this year and 6.5% next, according to Asian Development Bank estimates, up slightly from 6.1% in 2013. Despite the uptick in overall growth, banks around the region continue to face challenging landscapes.
Awards
Global Finance Names The World’s Best Islamic Financial Institutions 2014
<span style="font-size: 14px; line-height: 16px;">Global Finance Names the World’s Best Islamic Finance Providers 2014.</span>
Banking
ASIAN DEVELOPMENT BANK ANNUAL MEETING
Inter-Asian trade will lead the agenda items at this year’s annual Asian Development Bank meeting, to be held May 2-5, 2014, in Astana, Kazakhstan.
Banking
Global Salon: Richard Bove
THE BIG, THE BAD AND THE SAFEST By Hilary Johnson At Global Finance s monthly Salon, Richard Bove, bank analyst...
Banking
India: New Banking Licenses On Hold
MILESTONES By K.A. Badarinath Indias plan to issue as many as 12 new banking licenses may be put on hold...
Banking
Italy: Remodeling The Vatican Bank
MILESTONES By Luca Ventura The oldest multinational in the world is about to get a substantial makeover. The news came on February 24th, when its CEO, Jorge Mario Bergoglio, also known as pope Francis, issued a Motu Proprio, ...
Banking
Middle East: Islamic Finance Flourishes
MIDDLE EAST 2014 SUPPLEMENT By Gordon Platt Islamic finance is going mainstream, with Western countries planning to issue their first sovereign sukuk. It still constitutes only a small percentage of total global financial assets, and most activity is ...
Banking
Nigeria: CB Governor Ouster Poses Risks
NEWSMAKERS By Efraim Chalamish When central bank governor Sanusi Lamido Sanusi announced in February that $20 billion in Nigerian oil...
Banking
World’s Best Investment Banks 2014
ANNUAL AWARDS: HIGH-OCTANE YEAR Global investment banks will face a tremendous challenge as they strive to continue running their underwriting businesses at the elevated levels they reached in 2013. Many of the largest banks on Wall Street reaped a windfall ...